“Women must stretch fewer dollars over more years than men, leaving them 80% more likely to wind up in poverty at age 65 and older, according to a report released Tuesdayby the National Institute on Retirement Security.

Some 9% of U.S. women age 65 and older — and 5% of men — live at or below the federal poverty level, which is just $11,880 for individuals and $16,020 for a family of two. Many more have trouble meeting their basic living expenses, according to the report.”

Read the article.